The company, which has racked up billions of euros of losses since its creation and undergone repeated rounds of restructuring since 2006, reported a net loss of 298 million euros ($400 million), compared with a net loss of 885 million euros a year earlier, when it write down the value of its assets.

Chief Executive Michel Combes said in a statement Thursday the company had completed "the first step of its transformation" and would stop burning cash in 2015.

The company hasn't said when it expects to make a profit. Alcatel-Lucent has suffered from increased competition from China and the expense of deep restructuring.